On December 18, Energocom carried out its first transaction on the Intraday Market (IDM), a platform managed by Moldova’s Electricity Market Operator (OPEM). The company symbolically purchased 1 MWh of electricity, one day after the official launch of the new market. The transaction was conducted to test the technical and operational functionality of the system, Bani.md reports.
Energocom representatives say the operation confirms the proper functioning of the Intraday Market and represents an important step toward making electricity procurement mechanisms more efficient. The new platform allows prices to be set transparently, strictly based on the balance between supply and demand, contributing to the development of a competitive and sustainable energy system.
Previously, Energocom also completed the first transaction on the Day-Ahead Market (DAM), where it likewise purchased a symbolic 1 MWh of electricity as part of the testing and validation process for the new trading instruments launched by OPEM.
According to the company, the launch of the DAM and IDM markets is a key step in the modernization of Moldova’s energy sector and its alignment with European standards. Authorities and market participants estimate that these platforms will help strengthen energy security, attract investment in generation capacity and infrastructure, and support the gradual integration of the Republic of Moldova into European energy markets.
Official data show that 96 companies are currently licensed to supply electricity in the Republic of Moldova. However, only three suppliers are active on the competitive market, with market shares of 1.52%, 0.14%, and 0.34%, respectively.